OFF MARKET

6587 Portland-Nelson Road
Nelson VIC 3292

Bedrooms: 12
Bathrooms: 10
Car spaces: 1
Floor area: 3m2
Land area: 11734m2
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Property Details for 6587 Portland-Nelson Rd, Nelson

Building Type
Rural
Floor Size
3m2
Land Size
11734m2
Local Government
Glenelg
Lot/Plan
1/LP140404

Last Listing description (February 2023)

The Phone Code for this property is: 35437. Please quote this number when phoning or texting.

Renovated 2 bedroom unit with opportunity to complete the redevelopment of restaurant/accommodation (7 motel rooms and 1x2 bedroom and 2x1 bedroom suites) (STCA).
Elevated site of approximately 1.157 Ha (2.85 acres) with panoramic views over Oxbow Lake and Glenelg River mouth and 2 road frontages with direct access to boat ramp and Glenelg River.

Considerable upgrades to infrastructure (over $100,000) including underground 3 phase power, significant upgrades to wiring, new waste water treatment system (approved for restaurant and motel accommodation in existing buildings), substantial reglazing ... and more.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

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Property History for 6587 Portland-Nelson Rd, Nelson, VIC 3292

A timeline of how this property has performed in the market
Last Sold
$895,000
22 Nov 2022
  • 22 Nov 2022
    Sold for $895,000
  • 13 Jul 2019
    Listed for Sale $985,000
  • 21 May 2011
    Listed for Sale FOR SALE BY INFORMAL TENDER
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About Nelson 3292

The size of Nelson is approximately 225.3 square kilometres. It has 4 parks covering nearly 110.2% of total area. The population of Nelson in 2011 was 312 people. By 2016 the population was 189 showing a population decline of 39.4% in the area during that time. The predominant age group in Nelson is 60-69 years. Households in Nelson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nelson work in a professional occupation. In 2011, 84.2% of the homes in Nelson were owner-occupied compared with 77.9% in 2016.

Nelson has 393 properties. Over the last 5 years, Houses in Nelson have seen a 91.79% increase in median value. As at 31 October 2024:

  • The median value for Houses in Nelson is $410,876 while the median value for Units is $162,358.
There are currently 11 properties listed for sale, and no properties listed for rent in Nelson on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Nelson.

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